North Carolina Governor Roy Cooper has declined to sign a bill that opposes the issuance and use of a Federal Reserve-backed digital currency in the state. Last week, Cooper, a Democrat, vetoed a bill titled “No Central Bank Digital Currency Payments to State” (HB 690), saying that it’s too early to ban the use of […]
The German government moved 3,100 BTC worth $178 million in one hour, with more sell-offs likely imminent.
TL;DR Ryan Selkis, CEO of Messari, declares independence from the SEC and criticizes its management. Selkis plans legal and media action against the SEC, citing its failures in fraud prevention. The community reacts strongly, anticipating a significant impact on the sector. In a bold move, Ryan Selkis, the CEO of crypto intelligence firm Messari, has […]
The German government has sold over half its holding, now worth over US$1.3B. Many have criticized the government for this action, including a German MP. Bitcoin’s price fell to as low as US$55k before experiencing a slight recovery. The German government has transferred over US$900 million (AU$1,336 million) worth of Bitcoin from its stash. According […]
BlockDAG’s X1 Miner App Ignites $56.9M Presale Amidst Chainlink & Toncoin’s Market Moves Certain digital assets like Toncoin, Chainlink, and BlockDAG are making significant waves as the cryptocurrency landscape evolves. Toncoin’s recent market performance indicates a strong upward trend, while Chainlink sees notable whale activity despite a recent price decline. In contrast, BlockDAG is set […]
TL;DR Bonk Inu’s price surged 25%, making it the fifth-largest meme coin with a market cap over $1.7 billion. Despite gains, traders are warned about the volatility of meme coins and advised to invest cautiously. BONK Leads the Pack The meme coin realm is back on the green track today (July 9), with its market […]
U.S. Senator Marsha Blackburn (R-TN) has announced, in a press release sent to Bitcoin Magazine, that her re-election campaign now accepts cryptocurrency donations. This move comes as Blackburn’s campaign recently launched a page dedicated to Bitcoin donations. “Our campaign is committed to meeting supporters where they are,” said Senator Blackburn. “As a growing number of Americans […]
The price of Bitcoin has crashed again as the German government continues its BTC selling spree. The government has already sold millions of dollars worth of Bitcoin, putting immense pressure on the pioneer cryptocurrency amidst broader market volatility. German Government Initiates Massive BTC Sell-Off Bitcoin’s consistent price decline has been driven by multiple factors including […]
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A crypto whale is moving hundreds of millions of dollars worth of Bitcoin (BTC) to Binance, the world’s largest crypto exchange platform by volume. New data from market intelligence firm Lookonchain shows the deep-pocketed investor started moving massive amounts of Bitcoin to Binance on June 27th – and just moved hundreds of more BTC to […]
Well-known crypto analyst TechDev says that Bitcoin (BTC) is probably in the midst of a bear trap to shake out weak hands before a large move up in price. The pseudonymous analyst shares with his 464,000 followers on the social media platform X a Bitcoin chart that suggests BTC is mirroring its 2017 pre-parabola price […]
Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal Reserve Chair Jerome Powell stated on Tuesday that additional progress is required before […]
Data published by crypto analytics firm Kaiko last week demonstrated some surprises when it came to the rankings of centralized crypto exchanges, as determined by their respective global market shares. Arguably the most recognizable exchange names are Binance and Coinbase, but right now it’s Bybit that is catching attention, as the numbers showed it leapfrogging […]
Smart contracts are a revolutionary technology within the cryptocurrency industry, automating agreements and transactions through code on blockchain …
The US Senate Committee on Armed Services urges the Department of Defense to explore blockchain for national security applications, including supply chain management.
After a tough week exacerbated by Mt. Gox’s update and the German government’s Bitcoin dump, the crypto market saw a brief respite. Chainlink (LINK), for one, gained more than 4% over the 24 hours after dealing with heightened bearish pressure. Backing this trend are certain whales who have ramped up their LINK stash. LINK Whales […]
On September 4, 2001, Winod Parbhoe was murdered in cold blood. The entrepreneur, who was the founder of the Suriname Palace Casino, an establishment he co-owned with CCA Companies Incorporated (Conserver Corporation of America), was shot two times in the chest and once in the neck in a drive-by shooting, resulting in his death at […]
The Bitcoin price is already down more than -22% since the mid-March high over $73,000. While BTC is currently stabilizing above $57,000 following the recent price crash, there could be even more downside ahead if history repeats, according to Jacob Canfield, a trading mentor at the Trading Mastery. Canfield’s latest analysis points to a potential […]
TL;DR Cboe has filed applications to list Solana cash ETFs from 21Shares and VanEck. The SEC must decide on these applications by March 2025. The approval of these ETFs could depend on the outcome of the US presidential elections in 2024. The Chicago Board Options Exchange (Cboe) has submitted two formal applications to list Solana […]
The Republican Party has launched a platform where it shows support for digital asset innovation and Bitcoin mining. These changes align with Trump’s recent pro-crypto stance. Republicans are committed to halting recent “crypto crackdowns” and support AI development. The Republican Party, led by former President Donald Trump, has passed a draft that adopts a platform […]
BlockDAG’s Epic Dev Release 64: Spotlight on Faucet Page & Blockchain Enhancements; Payment Card Ignite 1300% Investment Boom BlockDAG’s latest Dev Release 64 rolls out critical updates to its blockchain framework, introducing the Blockchain Explorer module and the upcoming Faucet page, reinforcing its commitment to clarity and user interaction. These enhancements coincide with the rising […]
Market sentiment getting better, but there aren’t enough buyers yet
Crypto firm Galaxy Digital is forecasting how Ethereum (ETH) exchange-traded funds (ETFs) will stack up to Bitcoin (BTC) ETFs. According to a new research post from Charles Yu, the firm’s vice president of research, Ethereum ETFs will see roughly one-third of the inflows of similar Bitcoin products. To reach their estimate, Yu says the firm […]
The cryptocurrency industry faced a barrage of security breaches in the second quarter of 2024, with total losses reaching $629.7 million across 49 incidents, according to a new report from blockchain security firm Cyvers. Despite the staggering figure, only 24% of stolen funds were recovered, highlighting the persistent challenges in safeguarding digital assets. Since the […]
As the cryptocurrency market continues to evolve, Mpeppe (MPEPE) stands out as a promising new player. The predicted rally and the interest from …
The Exodus Passkeys Wallet allows users to set limits on transactions while ensuring that users have full control over their assets.
The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have announced a collaboration on wholesale central bank digital currency (wCBDC). This partnership includes the HKMA’s involvement in Wave 2 of the European Central Bank’s Eurosystem exploratory work. The institutions signed a Memorandum of Understanding (MoU) to innovate in wCBDC and tokenization markets, […]
It’s finally been a day of positivity within the cryptocurrency market. The total capitalization increased above $2.2 trillion on the back of multiple coins charting substantial recoveries from yesterday’s lows. Bitcoin’s price seems stable, but it’s important to take this calmness with a grain of salt as the sentiment remains uncertain. Bitcoin Solidifies at $57K […]
Crypto analyst Dark Defender has highlighted an important indicator that could cause the XRP price to repeat its legendary price move from 2017. The analyst joins several other analysts who have suggested that XRP could replicate its price gains from that bull run. How XRP Price Could Replicate 2017 Price Gains Dark Defender claimed in […]
Shiba Inu (SHIB) and Dogecoin (DOGE) are the biggest market laggards alongside Bitcoin Cash (BCH)
A closely followed crypto strategist believes that the current market correction is setting up Ethereum (ETH) for a parabolic surge at the end of the year. Pseudonymous analyst Inmortal tells his 214,800 followers on the social media platform X that Ethereum will likely consolidate between $4,000 and $2,800 in the coming months. The trader shares […]
TL;DR BNB Chain launches MindPress, an innovative data marketplace on BNB Smart Chain and Greenfield. MindPress enables trading of a wide range of digital assets, not just non-fungible tokens. It stands out for its ease of use and functions designed for developers. MindPress comes as a milestone in the BNB Chain blockchain ecosystem, combining the […]